No worries. The world’s central banks will save us. Er, right?
I think what Trudeau really meant is he admires leadership that can turn an economy from a dime quickly into a penny, as is the case of of the NDP experiment in Alberta.
What really scares me about the lefts is they don’t see the realities of the world, they have their agendas and damn it, they will make it work. Green energy in Ontario is a perfect example, the dollar is low, Ontario should taking advantage of it and getting back market share, but no, they rise power rates so they look good to countries like the USA, Mexico and China. Please!! They are bloody laughing all the way to their new coal fired plant providing power to their brand new Ford car plant.
It’s called a market correction and is not exactly unique. It sucks for the economy and the average retired investor but not a total catastrophe. Remember the dotcom bubble? Or the housing bubble?
Meh it’s back up to 16,000 i say it needs to drop to around 8-9000 thats the actual value with non propedup fed money, pretending to buy up the stocks.
It’s called a market correction and is not exactly unique. It sucks for the economy and the average retired investor but not a total catastrophe. Remember the dotcom bubble? Or the housing bubble?
A wise man told me that ‘tomorrow people will get up and still have to eat and make a living’. This correction might/likely will be exaggerated because world debt will enhance the panic. So much money chasing so many poor investments. So much money paying a premium for a return.
The angst of the American voter is expressed in Trump’s poll numbers. Which country in the world can led us out of the pending economic doom? It has to be the USA if any hope exists. It most definitely will not be under Obama or Hilary. Can the Donald do it? I doubt it.
One of those iconic scenes that reside in my memory is Bush’s address to the nation on that mound of rubble which was the Twin Towers. When he spoke it was from the heart and with a conviction that resonated. The USA would rebuild and would hold those responsible accountable. America and the world we need a leader who can carry out a rebuild mission. Jeb Bush has the bloodlines but that is all I know.
You are correct. Corrections happen on a regular basis.
On the other hand, it’s never too early for panic in the streets.
Nobody notices the market building up to ridiculous price/earnings ratios, even though that information is available minute to minute on each stock out there.
Rule of thumb is 15xp/e ratio. Anything lower is a buying opportunity.
So, instead of creating panic, i’m here to tell you this is a great time to look for stocks that are in the 8xp/e ratio range. That’s the easiest way to at least double your money, since valuations will go beyond 15 at some point in the future.
But then, it’s more fun to push the panic button on the ignorant masses, I guess.
And in this market, is looooooooooooooooong overdue.
Especially on the NASDAQ, where market fundamentals are regarded as neanderthal antiquated stats. P/E multiples are a joke for Apple, Tesla, GOOG, TWIT, etc. Too much money plowed into stocks without merit or profits (except APPL).
These meltdowns are necessary to put reality back into the pigs, as they get slaughtered.
This dip though, may just be the beginning, as Yellen, who is completely out of touch, threatens interest rate increases, for no apparent reason. The market correction should fix any thoughts of rate increases
A wise man told me that ‘tomorrow people will get up and still have to eat and make a living’. This correction might/likely will be exaggerated because world debt will enhance the panic. So much money chasing so many poor investments. So much money paying a premium for a return.
The angst of the American voter is expressed in Trump’s poll numbers. Which country in the world can led us out of the pending economic doom? It has to be the USA if any hope exists. It most definitely will not be under Obama or Hilary. Can the Donald do it? I doubt it.
One of those iconic scenes that reside in my memory is Bush’s address to the nation on that mound of rubble which was the Twin Towers. When he spoke it was from the heart and with a conviction that resonated. The USA would rebuild and would hold those responsible accountable. America and the world we need a leader who can carry out a rebuild mission. Jeb Bush has the bloodlines but that is all I know.
And in this market, is looooooooooooooooong overdue.
Especially on the NASDAQ, where market fundamentals are regarded as neanderthal antiquated stats. P/E multiples are a joke for Apple, Tesla, GOOG, TWIT, etc. Too much money plowed into stocks without merit or profits (except APPL).
These meltdowns are necessary to put reality back into the pigs, as they get slaughtered.
This dip though, may just be the beginning, as Yellen, who is completely out of touch, threatens interest rate increases, for no apparent reason. The market correction should fix any thoughts of rate increases
I will not mention that yelling Yellen is another one of those Obumbles appoint Joos
“course my statement will pee a few idiots in here off, as they are a bling to their own stupidity as the lefties are to theirs
And yes, just a needed correction that some of us have been waiting for!!!
Markets go up and down but the trading pattern today is eerily similar to the Chinese market last month: Steep drops followed by amazingly quick recoveries. Asia and Europe both had big losses today but by some miracle North America remains completely untouched by the global storm. NA must have pleased the NYSE gods by throwing the proper amount of virgins into the volcano, I guess.
“It’s called a market correction”
In case of China is not only a market correction , it is the structural correction. Correcting the crazy idea that communists may create capitalist society.
US markets may run in the opposite direction as soon as money from Asia will seek a safe heaven..I mean US and US dollar may be perceived as a safe heaven.
“It’s called a market correction”
In case of China is not only a market correction , it is the structural correction. Correcting the crazy idea that communists may create capitalist society.
US markets may run in the opposite direction as soon as money from Asia will seek a safe heaven..I mean US and US dollar may be perceived as a safe heaven.
I always have to laugh when people confuse capitalism with democracy. The Chinese are far more capitalist than almost any other country on Earth, including the USA. But no, China is not democratic. Not in the least.
It is worth remembering that even after the Shanghai composites fall of 8.5% yesterday that index is still up 46% on the year.
When the SHCOMP:IND falls below 2,200 then it’s time to jump out the basement window. Right now it’s sitting at 3,209.
Those with big balls BUY in these markets.
Justine says the economy comes from the heart so that is a good thing
“I always have to laugh when people confuse capitalism with democracy.”
I always laugh when people use a Marxist term like ‘capitalism’.
The ChiCom government was arresting people earlier this month for dumping stocks to get back or save their capital.
What China does not have, is a Free Enterprise open market and anyone who invests in the PRC deserve what they get.
This is a very differs bubble than other recent bubbles – it is a go all debt bubble. A correction it likely is – a dead cat bounce will follow.
And then the real bear to beat all bears begins…
The correction seems to have only a small ripple for Cameco (Uranium stock) Wonder how Putin’s weapon systems have done
this is tremendous news for me.
I want the world economy in the crapper for the next 5 years until I can get
all the reno work on my place done. see, the mtg is due for renewal in 2017.
then when things bounce back, I sell the joint at the top of the mkt then maybe
do it all again one…..more…..time.
do I sound like a greedy capitalist who doesnt give a furry faced hoot about the misery and loss others are going to suffer when this happens?
well tsk tsk tsk.
Don’t look to a government for examples of capitalism. The US government, for example, let the banks sell useless mortgages to investors to inflate the housing industry. When that crashed they bailed out the banks and gave them even more money in the form of quantitative easing (QE). On a state-level California is keeping Tesla in business by subsidizing its useless electric car and paying more for “green” energy while borrowing money to pay against its accumulating debt.
The ChiCom government was not arresting people for selling their stocks to get their money back. The ChiCom government was threatening to arrest anyone who was shorting stocks on the Shanghai Stock Exchange.
The average Chinese investor has about 10-15% of their net worth in stocks. The vast majority of Chinese do not invest in the stock market. They invest in real estate. You can’t get laid if you can’t bring her back to your lair.
IMHO,worth repeating;
” You know, there’s a level of of admiration I actually have for China because their basic dictatorship is allowing them to actually turn their economy around on a dime … ”
http://blogs.canoe.com/davidakin/politics/the-country-justin-trudeau-most-admires-you-wont-believe-it/
No worries. The world’s central banks will save us. Er, right?
I think what Trudeau really meant is he admires leadership that can turn an economy from a dime quickly into a penny, as is the case of of the NDP experiment in Alberta.
What really scares me about the lefts is they don’t see the realities of the world, they have their agendas and damn it, they will make it work. Green energy in Ontario is a perfect example, the dollar is low, Ontario should taking advantage of it and getting back market share, but no, they rise power rates so they look good to countries like the USA, Mexico and China. Please!! They are bloody laughing all the way to their new coal fired plant providing power to their brand new Ford car plant.
It’s called a market correction and is not exactly unique. It sucks for the economy and the average retired investor but not a total catastrophe. Remember the dotcom bubble? Or the housing bubble?
Meh it’s back up to 16,000 i say it needs to drop to around 8-9000 thats the actual value with non propedup fed money, pretending to buy up the stocks.
It’s called a market correction and is not exactly unique. It sucks for the economy and the average retired investor but not a total catastrophe. Remember the dotcom bubble? Or the housing bubble?
A wise man told me that ‘tomorrow people will get up and still have to eat and make a living’. This correction might/likely will be exaggerated because world debt will enhance the panic. So much money chasing so many poor investments. So much money paying a premium for a return.
The angst of the American voter is expressed in Trump’s poll numbers. Which country in the world can led us out of the pending economic doom? It has to be the USA if any hope exists. It most definitely will not be under Obama or Hilary. Can the Donald do it? I doubt it.
One of those iconic scenes that reside in my memory is Bush’s address to the nation on that mound of rubble which was the Twin Towers. When he spoke it was from the heart and with a conviction that resonated. The USA would rebuild and would hold those responsible accountable. America and the world we need a leader who can carry out a rebuild mission. Jeb Bush has the bloodlines but that is all I know.
You are correct. Corrections happen on a regular basis.
On the other hand, it’s never too early for panic in the streets.
Nobody notices the market building up to ridiculous price/earnings ratios, even though that information is available minute to minute on each stock out there.
Rule of thumb is 15xp/e ratio. Anything lower is a buying opportunity.
So, instead of creating panic, i’m here to tell you this is a great time to look for stocks that are in the 8xp/e ratio range. That’s the easiest way to at least double your money, since valuations will go beyond 15 at some point in the future.
But then, it’s more fun to push the panic button on the ignorant masses, I guess.
And in this market, is looooooooooooooooong overdue.
Especially on the NASDAQ, where market fundamentals are regarded as neanderthal antiquated stats. P/E multiples are a joke for Apple, Tesla, GOOG, TWIT, etc. Too much money plowed into stocks without merit or profits (except APPL).
These meltdowns are necessary to put reality back into the pigs, as they get slaughtered.
This dip though, may just be the beginning, as Yellen, who is completely out of touch, threatens interest rate increases, for no apparent reason. The market correction should fix any thoughts of rate increases
A wise man told me that ‘tomorrow people will get up and still have to eat and make a living’. This correction might/likely will be exaggerated because world debt will enhance the panic. So much money chasing so many poor investments. So much money paying a premium for a return.
The angst of the American voter is expressed in Trump’s poll numbers. Which country in the world can led us out of the pending economic doom? It has to be the USA if any hope exists. It most definitely will not be under Obama or Hilary. Can the Donald do it? I doubt it.
One of those iconic scenes that reside in my memory is Bush’s address to the nation on that mound of rubble which was the Twin Towers. When he spoke it was from the heart and with a conviction that resonated. The USA would rebuild and would hold those responsible accountable. America and the world we need a leader who can carry out a rebuild mission. Jeb Bush has the bloodlines but that is all I know.
And in this market, is looooooooooooooooong overdue.
Especially on the NASDAQ, where market fundamentals are regarded as neanderthal antiquated stats. P/E multiples are a joke for Apple, Tesla, GOOG, TWIT, etc. Too much money plowed into stocks without merit or profits (except APPL).
These meltdowns are necessary to put reality back into the pigs, as they get slaughtered.
This dip though, may just be the beginning, as Yellen, who is completely out of touch, threatens interest rate increases, for no apparent reason. The market correction should fix any thoughts of rate increases
I will not mention that yelling Yellen is another one of those Obumbles appoint Joos
“course my statement will pee a few idiots in here off, as they are a bling to their own stupidity as the lefties are to theirs
And yes, just a needed correction that some of us have been waiting for!!!
Markets go up and down but the trading pattern today is eerily similar to the Chinese market last month: Steep drops followed by amazingly quick recoveries. Asia and Europe both had big losses today but by some miracle North America remains completely untouched by the global storm. NA must have pleased the NYSE gods by throwing the proper amount of virgins into the volcano, I guess.
“It’s called a market correction”
In case of China is not only a market correction , it is the structural correction. Correcting the crazy idea that communists may create capitalist society.
US markets may run in the opposite direction as soon as money from Asia will seek a safe heaven..I mean US and US dollar may be perceived as a safe heaven.
“It’s called a market correction”
In case of China is not only a market correction , it is the structural correction. Correcting the crazy idea that communists may create capitalist society.
US markets may run in the opposite direction as soon as money from Asia will seek a safe heaven..I mean US and US dollar may be perceived as a safe heaven.
I always have to laugh when people confuse capitalism with democracy. The Chinese are far more capitalist than almost any other country on Earth, including the USA. But no, China is not democratic. Not in the least.
It is worth remembering that even after the Shanghai composites fall of 8.5% yesterday that index is still up 46% on the year.
When the SHCOMP:IND falls below 2,200 then it’s time to jump out the basement window. Right now it’s sitting at 3,209.
Those with big balls BUY in these markets.
Justine says the economy comes from the heart so that is a good thing
“I always have to laugh when people confuse capitalism with democracy.”
I always laugh when people use a Marxist term like ‘capitalism’.
The ChiCom government was arresting people earlier this month for dumping stocks to get back or save their capital.
What China does not have, is a Free Enterprise open market and anyone who invests in the PRC deserve what they get.
This is a very differs bubble than other recent bubbles – it is a go all debt bubble. A correction it likely is – a dead cat bounce will follow.
And then the real bear to beat all bears begins…
The correction seems to have only a small ripple for Cameco (Uranium stock) Wonder how Putin’s weapon systems have done
this is tremendous news for me.
I want the world economy in the crapper for the next 5 years until I can get
all the reno work on my place done. see, the mtg is due for renewal in 2017.
then when things bounce back, I sell the joint at the top of the mkt then maybe
do it all again one…..more…..time.
do I sound like a greedy capitalist who doesnt give a furry faced hoot about the misery and loss others are going to suffer when this happens?
well tsk tsk tsk.
Don’t look to a government for examples of capitalism. The US government, for example, let the banks sell useless mortgages to investors to inflate the housing industry. When that crashed they bailed out the banks and gave them even more money in the form of quantitative easing (QE). On a state-level California is keeping Tesla in business by subsidizing its useless electric car and paying more for “green” energy while borrowing money to pay against its accumulating debt.
The ChiCom government was not arresting people for selling their stocks to get their money back. The ChiCom government was threatening to arrest anyone who was shorting stocks on the Shanghai Stock Exchange.
The average Chinese investor has about 10-15% of their net worth in stocks. The vast majority of Chinese do not invest in the stock market. They invest in real estate. You can’t get laid if you can’t bring her back to your lair.